$89M in South Florida Foreclosure Auctions Set for Sale

The American Developer’s own distress wire, refreshed this morning against all three South Florida county auction calendars, found 15 active commercial foreclosure sales worth a combined $89 million scheduled over the next two weeks. The largest is a $65.7 million stipulated final judgment set to go to auction September 16 in Miami-Dade Circuit Court, case number 2024-017049-CA-01, covering multiple downtown Miami parcels. The public docket names the plaintiff as AFF IV 200 Miami LLC and the defendants as SRCTD 44-200 LLC and FS Equity Investments II LLC. The sale had been set for July 20 before the defendants sought an appellate stay; the trial court denied that stay on July 9 and the case now carries toward a September 16 sale.

Why it matters

Foreclosure auction calendars are public record but nobody aggregates them across Miami-Dade, Broward and Palm Beach in one place with dollar amounts attached. That gap is exactly what a distress buyer needs closed. A scheduled auction is not a finding of wrongdoing by any party; it is simply where a filed case currently stands in the public docket.

The numbers

Miami-Dade carries the bulk of the commercial calendar with 10 of the 15 scheduled sales, Palm Beach has 4 and Broward has 1. After the $65.7 million Miami-Dade case, the next largest is a $6.4 million Miami-Dade judgment against a membership interest set for September 28, followed by a $4.8 million Palm Beach County auction on September 22 tied to parcel 00424631130002600. Three more Miami-Dade properties carrying judgments between $1.1 million and $1.2 million are scheduled for September 14, and a $1.9 million Broward auction, case CACE-24-015034, is set for September 17.

What’s next

The September 16 date on the $65.7 million Miami-Dade case is itself a reschedule from July, so buyers tracking it should confirm status close to the sale date rather than assume it holds. Foreclosure auction dates in South Florida get continued or canceled routinely; AmDev’s wire re-scans all three county calendars daily and will carry updates as this list of sales moves.